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Old 08-19-2015, 03:14 PM
 
Location: Fort Lauderdale, Florida
11,936 posts, read 13,105,575 times
Reputation: 27078

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I just got into real estate (newly licensed) and it looks like a commercial deal I'm working on may go through. I've never done or thought about commercial real estate so this is very new to me.

How do you get paid with a commercial lease?

It is for a ten year lease.
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Old 08-19-2015, 04:44 PM
 
Location: Inman Park (Atlanta, GA)
21,870 posts, read 15,086,067 times
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You need to speak with your Broker.

On commercial deals - you get paid via a "procurement fee".

What is the normal PCT. Procurement Fee%? - LoopNet Answers
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Old 08-20-2015, 06:31 AM
 
8,574 posts, read 12,408,664 times
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You get paid the same way as you would in any real estate deal...and, that is, the compensation should be spelled out in either the listing agreement or in a particular representation agreement you might have. When in doubt, ask your Broker.
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Old 08-20-2015, 08:20 AM
 
Location: Fort Lauderdale, Florida
11,936 posts, read 13,105,575 times
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My broker has no idea because this listing isn't through our office or on the MLS.

I was wondering if someone had a general idea.
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Old 08-20-2015, 08:39 AM
 
2,600 posts, read 8,791,531 times
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Who pays the commission?

Who pays the broker's commission?
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Old 08-20-2015, 11:26 AM
 
8,574 posts, read 12,408,664 times
Reputation: 16528
Quote:
Originally Posted by blueherons View Post
My broker has no idea because this listing isn't through our office or on the MLS.

I was wondering if someone had a general idea.
Then you'll need to ask the listing agent. Just as in residential real estate, commission/compensation models will vary.
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